Blue Book has become the most trusted guide to appraisals for car price quotes across North America. Buyers and sellers of cars will use this Blue Book to determine the value of reselling used automobiles. Insurance companies for autos frequently employ Blue Books as a benchmark to assess the market worth of a vehicle involved in a crash to determine whether it’s worth it to repair the car or if it’s best to write it off as an absolute loss.
How Blue Books Are Used
Blue Books show buyers and car sellers what other people have paid- the fair purchase price – to acquire cars with the same brand, model, year, and comparable use and mileage. We provide national title reports at our site. Additionally, Blue Books can detail the expected costs of the vehicle, such as repairs, maintenance, fuel or insurance, financing, and the expected decline of the vehicle’s value over time. This way, potential buyers can see the probable costs of owning the car five years from the date of purchase.
How the Blue Book Determines Car Prices
The fair price for purchase on the Blue Book reveals the amount other buyers usually have to pay for the same vehicle. The prices are adjusted according to the location where transactions are made from new vehicle purchases that occur all over the nation. These prices adjust periodically to take into account variations in market conditions.
The Blue Book does not show the lowest prices paid on the marketplace for cars; instead, the current price a car is selling at. The prices shown in the Blue Book are set by gathering data from consumers’ purchases of thousands of vehicles at prices. The data is obtained from national vehicle registration databases. People often search for how to find the blue value of my car, so we are here for you, providing you with that for free.
What exactly does the National Title Reports contain?
Vehicle Specification
Get the most precise specifications, including the body and engine, transmission, fuel, safety and options at the company that makes it. Find the complete and detailed review of the available options for any vehicle.
Vehicle Collision Check
We will check your car against our flood damage and accidental damage database, which includes data from Canada and the United States and Canada.
Salvage Title Check
We check your VIN Number with millions of other records to obtain the most current data from State, Federal, Police, Insurance and auction databases.
Real-time Market Value
Our database scans all websites for car listings across North America with your vehicle’s state of repair to calculate the real market value. Check out the average time the process takes to sell your car!
Ownership History & Service Records
Find out how many owners your vehicle has and the location and time of ownership. We also chronologically retrieve your vehicle’s service records from databases of auctions and dealerships.
Odometer Records
We pull all available records of odometers from the state Department of Motor Vehicles (DMV) and Federal databases. Each report provides specific odometer information, along with information on services and titles whenever they are available.
Should You Buy a Salvage-Title Car?
It’s all about your comfort level with buying a car with a rocky history. Conversely, salvage title vehicles could be a good option if you’re trying to stay within your budget or need a second vehicle. According to Richard Arca, pricing manager for Edmunds, depending on the type of vehicle that is salvaged, it could be sold for anywhere between 20 to 40 percent lower than a clean vehicle. He said that the price reduction of a salvage title vehicle is greater when the need for it is not high.
1. Get the car inspected. The vehicle should be inspected: This is one of the most crucial things to consider if you’re thinking about purchasing a car that has a salvage title. Bring a mechanic along to conduct the assessment. You could also bring the vehicle to an auto body shop. A professional mechanic will better understand whether the repairs were completed correctly and identify any red flags like damaged parts or a frame that requires repairs.
2. Buy the vehicle from a trusted repairer Check online for reviews of the business selling the car. If the repairer is recognized for its high-quality repairs, purchasing a salvage-title vehicle could be safer than buying from someone with no history of success.
Salvaged cars are vehicles damaged by flooding, hail or other causes, and we get you a salvage title for free of cost. The actual or estimated repair costs exceeded some percentage of retail value. Unscrupulous sellers conceal the condition of the salvaged car by using title washing. They transfer the vehicle to a state of leniency that can issue a clean title. The rules for branding and total loss vary by state.
